Mises U 2025

The Political Economy of Policing

Tate Fegley examines how the structure of state-run police departments—lacking profit-and-loss mechanisms—leads to systemic inefficiencies, distorted incentives, and unac

Growth versus Prosperity

Shawn Ritenour critiques mainstream growth models that emphasize abstract inputs like capital accumulation and technological innovation, arguing instead for a human-cente

Race and Discrimination

Are markets a friend to minorities? Economist Walter Williams thought so, and Wanjiru Njoya explains why. Her lecture cuts through critical race theory dogma to show how

Repugnant Markets

Sandra Klein takes on dwarf-tossing, horse meat, and human organ sales to show how moral squeamishness isn't a market failure, it's just a preference. Recorded at the Mi

Objections to Capitalism

Timothy Terrell tackles the most common objections to capitalism, from inequality myths to profit “villainy,” and offers a principled, empirical defense of market institu

Minimum Wage

The minimum wage is harmful, racist, sexist, and completely unnecessary. Recorded at the Mises Institute in Auburn, Alabama, on July 22, 2025. Mises University is the w

Competition and Monopoly

Competition is a relentless, dynamic process of entrepreneurship and discovery. Tom DiLorenzo exposes how antitrust laws, rooted in flawed theories of monopoly and “perfe

The Austrian Theory of the Business Cycle

Paul Cwik unpacks Austrian Business Cycle Theory, explaining how artificial credit expansion triggers unsustainable booms and inevitable busts. He walks through models of

Austrian Capital Theory

Patrick Newman introduces Austrian capital theory: how savings, time, and production structures drive economic growth. Without capital goods and roundabout production, we

Calculation and Socialism

A modern socialist economy is impossible. Recorded at the Mises Institute in Auburn, Alabama, on July 22, 2025. Mises University is the world's leading instructional pr

The Theory of Interest

Dr. Jeffrey Herbener explains how time preference shapes interest rates, production, and investment, making time central to economic coordination and prosperity. Recorde

Banking

David Howden reveals how banking, especially fractional reserves and central bank manipulations, creates instability and inflation. He also explains why a 100% reserve sy

Money

Dr. Sandy Klein walks through the origins and essential functions of money, showing how barter’s pitfalls led to the spontaneous emergence of money as a medium of exchang

Subjective Value and Market Prices

Jeffrey Herbener explains how Austrian price theory reveals the logic of voluntary exchange and subjective value, and why market prices emerge not from production costs,

Praxeology

"The word praxeology can be used in two different ways. One is for a science of human action, as developed by Ludwig von Mises and his successors, principally Murray Roth

The Birth of the Austrian School

Professor Salerno traces the birth of the Austrian School to Carl Menger’s revolutionary insight: prices emerge from human wants, choices, and the subjective value of eac

Austrian Economics in the Age of MAGA

The right dismisses economics at its peril. Tom Woods shows why Austrian economics holds the key to solving the very cultural and economic crises that MAGA claims to care

Tariffs versus Free Trade

Patrick Newman exposes tariffs as economic distortions that harm consumers and misallocate resources. Drawing on Austrian insights, he debunks protectionist myths and mak

Entrepreneurship

Entrepreneurs are the market’s driving force: risk-takers who organize capital and labor to meet uncertain consumer needs. Without them, there is no market economy. Reco

The Division of Labor and Social Order

Jonathan Newman shows how the division of labor sustains civilization. Drawing on Mises, he explains how peaceful cooperation, property rights, and specialization drive p